Investors' Soapbox PM

Why Xilinx Will Outperform Altera

J.P. Morgan says Xilinx will gain share and has better return of capital.

April 25, 2013

J.P. Morgan Securities

AT&T, the largest U.S. service provider, lowered its 2014-2015 capital-spending forecast, but maintained its 2013 capital-spending forecast for roughly 7% year-over-year growth.

As a result, we continue to expect both Xilinx (ticker: XLNX) and Altera (ALTR) to benefit from higher spending and low inventory in the communications-supply chain in 2013. We favor Xilinx over Altera due to share gains,...